Leavening Agents Market size is expected to reach USD 7.7 billion by 2028

 Leavening Agents Industry Overview

The global leavening agents market size was valued at USD 6.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2022 to 2028.

 

The market is majorly driven by increasing demand for baked products. Also, rising health consciousness among people and changing lifestyle makes the leavening agents more demanding. Increasing investment in R&D by various players to develop new leavening ingredients coupled with the increasing demand for bakery products are likely to drive the market growth during the forecast period. Also, increasing income level is playing an important role in determining the purchase of leavening agents. Moreover, rising technological advancement in developing the product will likely drive market growth during the assessment period.

 

Gather more insights about the market drivers, restrains and growth of the Global Leavening Agents Market


A leavening agent is one of the important ingredients in bakery products and also holds the highest share in the baking ingredient market. It is widely used in batters and dough to produce baked products with absorbent structure. Various types of leavening agents are available of which baking powder and yeast are widely used in pie preparations.

 

An increase in health expenditure and a surge in disposable income will boost market growth during the forecast period. With the increasing working population, there is rising demand for quality and nutritional food. Hence, the market is projected to showcase significant growth. Moreover, growing concerns for a healthier lifestyle are increasing the demand for leavening agents as it has a wide variety of functional benefits associated with their inclusion in food products.

 

Leavening agents are in great demand in the worldwide baking industry due to their major impact on dough characteristics and final baked items. The choice of leavening products in bakery products affects the flavor, texture, and color of the crumb, which is a crucial factor in baked-goods consumption. The need for leavening agents is high in the bakery sector since it is utilized in the baking process such as pies, rolls, cakes, biscuits, cookies, and other baked goods. Additionally, the rising trend of confectionary and home-baked products is expected to have a long-lasting impact on the global market.

 

In the worldwide bakery sector, manufacturers face fierce rivalry, forcing them to introduce new goods on a regular basis in a variety of flavors and textures. Manufacturers also use a variety of flours in their manufacturing lines, which drives up the demand for leavening agents in various concentrations in their goods. On the other side, the market for leavening acid is being constrained by the rising demand for natural products among health-conscious customers. Companies participating in this market have been doing substantial research and development to produce new leavening agent products in the food and beverage sector.

 

Browse through Grand View Research's Food Safety & Processing Industry Research Reports

  • Filling Machines Market: The global filling machines market size was valued at USD 8.88 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. 
  • Food Preservatives Market: The global food preservatives market size was valued at USD 2.77 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030.

 

Key Companies Profile

Some prominent players in the global leavening agents market are as follows: -

  • Archer Daniels Midland Co.
  • Associated British Foods PLC
  • Cargill, Inc
  • Corbion N.V.
  • Kerry Group PLC
  • Novozymes A/S
  • Puratos Group NV
  • Koninklijke DSM N.V.
  • Stern-Wywiol Gruppe GMBH Co. KG

 

Order a free sample PDF of Leavening Agents Market Intelligence Study, published by Grand View Research. 

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